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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net sales    
Unrelated parties $ 2,003,973us-gaap_SalesRevenueGoodsNet $ 1,765,881us-gaap_SalesRevenueGoodsNet
Related parties 43,462us-gaap_RevenueFromRelatedParties 64,201us-gaap_RevenueFromRelatedParties
Total net sales 2,047,435us-gaap_SalesRevenueNet 1,830,082us-gaap_SalesRevenueNet
Costs of goods sold 1,860,393us-gaap_CostOfGoodsSold 1,666,778us-gaap_CostOfGoodsSold
Gross profit 187,042us-gaap_GrossProfit 163,304us-gaap_GrossProfit
Selling, general and administrative expenses 76,350us-gaap_OtherSellingGeneralAndAdministrativeExpense 70,042us-gaap_OtherSellingGeneralAndAdministrativeExpense
Profit sharing 4,598us-gaap_OtherLaborRelatedExpenses 5,395us-gaap_OtherLaborRelatedExpenses
Amortization of intangible assets 6,323us-gaap_AmortizationOfIntangibleAssets 6,935us-gaap_AmortizationOfIntangibleAssets
Operating income 99,771us-gaap_OperatingIncomeLoss 80,932us-gaap_OperatingIncomeLoss
Interest expense, net of capitalized interest 43,087us-gaap_InterestExpense 30,569us-gaap_InterestExpense
Other (income) expense, net 16,192us-gaap_OtherNonoperatingIncomeExpense (631)us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 40,492us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 50,994us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 13,538us-gaap_IncomeTaxExpenseBenefit 17,296us-gaap_IncomeTaxExpenseBenefit
Net income 26,954us-gaap_ProfitLoss 33,698us-gaap_ProfitLoss
Net loss attributable to noncontrolling interests 3,807us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4,881us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Steel Dynamics, Inc. $ 30,761us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 38,579us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per share attributable to Steel Dynamics, Inc. stockholders (in dollars per share) $ 0.13us-gaap_EarningsPerShareBasic $ 0.17us-gaap_EarningsPerShareBasic
Weighted average common shares outstanding (in shares) 241,535us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 223,011us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted earnings per share attributable to Steel Dynamics, Inc. stockholders, including the effect of assumed conversions when dilutive (in dollars per share) $ 0.13us-gaap_EarningsPerShareDiluted $ 0.17us-gaap_EarningsPerShareDiluted
Weighted average common shares and share equivalents outstanding (in shares) 242,867us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 241,394us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Dividends declared per share (in dollars per share) $ 0.1375us-gaap_CommonStockDividendsPerShareDeclared $ 0.1150us-gaap_CommonStockDividendsPerShareDeclared